Vehicle Analytics Market Size, Share, Report, Analysis, Trends & Forecast to 2026

Mar 7, 2018

According to Stratistics MRC, the Global Vehicle Analytics market is expected to grow from $1265.95 million in 2017 to reach $8465.65 million by 2027 with a CAGR of 23.5%.

Gaithersburg, Maryland, US - March 7, 2018 /MarketersMedia/ —

Factors such as advancements in technologies, such as artificial intelligence, machine learning and rising use of real-time data collected from sensors and global positioning system (GPS) tracking devices are fueling the market growth. However, network coverage limitations and high initial setup costs are hampering the market.

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The on-demand deployment model makes utilize of the cloud to transport solutions to the clients. Scalability and agility of cloud-based technologies are increasing the adoption of cloud-based vehicle analytics solutions. In the cloud deployment model, organizations do not have to deal with the complexities involved in integration, installation, configuration, optimization, maintenance, and support, as these are in most cases managed or hosted by a third-party service provider.

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North America is expected to generate highest revenue due to well-established and financially intensive economies and moreover the chief presence of mostly all the biggest conglomerates of the world such as IBM, Microsoft, SAP, and SAS Institute.

Some of the key players in the Vehicle Analytics market include IBM, SAP, Microsoft, Harman International, Teletrac Navman, Cloudmade, Agnik LLC, Automotive Rentals (ARI), Genetec Inc, Inquiron, Inseego Corp, Intelligent Mechatronic Systems, Xevo Inc., INRIX, and Amudo.

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Deployment Models Covered:
• On-Demand
• On-Premises

Components Covered:
• Services
• Software

Applications Covered:
• Road Charging
• Usage-Based Insurance
• Predictive Maintenance
• Traffic Management
• Warranty Analytics
• Driver and User Behavior Analysis
• Dealer Performance Analysis
• Infotainment
• Safety and Security Management

End-Users Covered:
• Automotive Dealers
• Regulatory Bodies
• Insurer
• Fleet Owners
• Service Providers
• Original Equipment Manufacturers (OEMs)
• Tier 1 Suppliers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: [email protected]
Organization: Stratistics Market Research Consulting Pvt Ltd

Source URL: https://marketersmedia.com/vehicle-analytics-market-size-share-report-analysis-trends-forecast-to-2026/309731

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Source: MarketersMedia

Release ID: 309731